Case details for Paul MITCHELL

Name: Paul MITCHELL

Name: PJM Resources Limited

Date of Birth: 21 / 9 / 1975

Date Order Starts: 12 / 10 / 2021

Disqualification Length: 6 Years 0 Month(s)

CRO Number: 06966603

Last Known Address: 41 Farrow Drive,, , , , SUNDERLAND,, SR6 7BQ

Conduct: Between 01 June 2020 and 03 June 2020 Paul Mitchell (“Mr Mitchell”) caused PJM Resources Limited (“PJM”) to obtain a Bounce Back Loan of £23,000 and to then pay himself £23,001 the day after PJM received the Bounce Back Loan funds. The payments to Mr Mitchell breached the conditions of the BBL which stated that the loan would only be used to provide economic benefit to the business and not for personal purposes: 1. On 01 June 2020, Mr Mitchell applied for a Bounce Back Loan of £23,000 on behalf of PJM. 2. On 02 June 2020, PJM received £23,000 into its bank account in relation to the Bounce Back Loan. 3. On 03 June 2020, Mr Mitchell made four payments to himself totalling £23,001. 4. At the time of the bounce back loan being obtained, PJM had a Corporation Tax liability of £13,284 that had been due for payment since 01 May 2020. This liability remained outstanding at the date of liquidation. 5. The lender that gave PJM the Bounce Back Loan has confirmed that the amount outstanding in respect of the Bounce Back loan is £22,233. 

This information is correct as at 22 / 9 / 2021



If you believe this page contains any errors, please email legalservices@insolvency.gov.uk with details of the error that you have found.